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Dan Burke is the director of strategy, risk, and compliance for AppDynamics, a company acquired by Cisco in 2017. Burke and his team are a vital part of the Cisco acquisition process in helping acquired companies adhere to a higher level of cybersecurity. This blog is the fourth in a series focused on M&A cybersecurity, following Shiva Persaud’s post on When It Comes to M&A, Security Is a Journey.
Part of the secret to Cisco’s success is its ability to acquire companies that strengthen its technology portfolio and securely integrate them into the larger organization. From the outside, that process might appear seamless—consider Webex or Duo Security, for instance—but a fruitful acquisition takes tremendous work by multiple cross-functional teams, mainly to ensure the acquired company’s solutions and products meet Cisco’s rigorous security requirements.
“My team is responsible for aligning new acquisitions to Cisco controls to maintain our compliance with SOC2 and FedRAMP, as well as other required certifications,” says Burke.
When Cisco acquires a new company, it conducts an assessment and produces a security readiness plan (SRP) document. The SRP details the identified weaknesses and risks within that company and what they need to fix to meet Cisco standards.
“In the past, my team wouldn’t find out about an acquisition until they received a completed SRP. The downside of this approach was that the assessments and negotiations had been done without input from our group of experts, and target dates for resolution had already been decided on,” shares Burke.
“We needed to be involved in the process before the SRP was created to understand all risks and compliance issues in advance. Now we have a partnership with the Cisco Security and Trust M&A team and know about an acquisition months before we can start working to address risks and other issues—before the SRP is completed and the due dates have been assigned,” Burke adds.
“Another issue resolved in this process change is that Cisco can gain earlier access to the people in the acquired company who know the security risks of their solutions. During acquisitions, people will often leave the company, taking with them their institutional knowledge, resulting in Cisco having to start from scratch to identify and assess the risks and determine how best to resolve them as quickly as possible,” says Burke. “It could be vulnerabilities in physical infrastructure or software code or both. It could be that the company isn’t scanning often enough, or they don’t have SOC 2 or FedRAMP certification yet—or they’re not using Cisco’s tools.”
“Third-party vendors and suppliers can also present an issue,” he adds. “One of the biggest risk areas of any company is outside vendors who have access to a company’s data. It’s vital to identify who these vendors are and understand the level of access they have to data and applications. The earlier we know all these things, the more time we must devise solutions to solve them.”
“Now that I’m in the process earlier, I can build a relationship with the people who have the security knowledge—before they leave. If I can understand their mindset and how all these issues came about, I can help them assimilate more easily into the bigger Cisco family,” says Burke.
The additional benefits of bringing teams in earlier are reduced risk and compliance requirements can be met earlier. It also provides a smoother transition for the company being acquired and ensures they meet the security requirements that customers expect when using their technology solutions.
“Without that early involvement, we might treat a low-risk issue as high risk, or vice versa. The misclassification of risk is extremely dangerous. If you’re treating something as high risk, that’s low risk, and you’re wasting people’s time and money. But if something’s high risk and you’re treating it as low risk, then you’re in danger of harming your company,” Burke shares.
“The key is to involve their risk, compliance, and security professionals from the beginning. I think other companies keep the M&A process so closely guarded, to their detriment. I understand the need for privacy and to make sure deals are confidential but bringing us in earlier was an advantage for the M&A team and us,” Burke adds.
When asked what he thinks makes Cisco successful in M&A, Burke says, “Cisco does an excellent job of assimilating everyone into the larger organization. I have worked at other companies where they kept their acquisitions separate, which means you have people operating separately with different controls for different companies. That’s not only a financial burden but also a compliance headache.”
“That’s why Cisco tries to drive all its acquisitions through our main programs and controls. It makes life easier for everyone in terms of compliance. With Cisco, you have that security confidence knowing that all these companies are brought up to their already very high standards, and you can rely on the fact that they don’t treat them separately. And when an acquisition has vulnerabilities, we identify them, set out a remediation path, and manage the process until those risks are resolved,” Burke concludes.
Managing Cybersecurity Risk in M&A
Demonstrating Trust and Transparency in Mergers and Acquisitions
When It Comes to M&A, Security Is a Journey
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Technology has typically had a reputation for being exciting and inventive. Unfortunately, this hasn’t always been the case for security. But times have changed. We are now recognizing the crucial role security plays in any groundbreaking technology. Without strong defenses, even the most visionary app is likely to crash and burn. So it’s imperative that big security players like Cisco stay on top of what’s next.
I am thrilled to announce that in November, we will be launching our new video series, “NEXT” by Cisco Secure. In the series, my esteemed co-host TK Keanini and I will interview some of the brightest new minds in tech to find out more about the future of the industry and how we can best secure it. Watch the series preview below!
As the CTO of Cisco Secure, TK has over 25 years of networking and security expertise, as well as a penchant for driving technical innovation. As for me, I’m a cybersecurity specialist of 10 years with an obsession for communication and empathy. Together, TK and I will bring new cyber pioneers to the forefront and highlight the criticality of digital protection and privacy for everyone.
Whether we’re discussing Web3, the metaverse, or next-generation healthcare, we’ll learn and laugh a lot. Through simple conversations about complex topics, we’re building a bridge between leading-edge tech and how Cisco is helping to safeguard what’s on the horizon.
And what better time to preview this series than during Cybersecurity Awareness Month? A time when we focus on the reality that security belongs to everyone — not just the threat hunter, or the product engineer, or the incident responder — but everyone.
We all have a responsibility to protect the world’s data and infrastructure, and should all have a seat at the table for important security conversations. We hope you’ll join us as we dive into what’s making waves out there, and how we can keep it safe.
Follow our Cisco Secure social channels to catch our first episode in November, when we will speak with Michael Ebel, CEO of Atmosfy. Atmosfy is revolutionizing restaurant reviews by incorporating engaging live video that inspires others and supports local businesses. TK and I will chat with Michael about the origin of Atmosfy, and how the company keeps its content authentic and organization resilient.
In the meantime, explore our other Cybersecurity Awareness Month resources.
Who do you want to hear from next? Tell us your ideas for future guests in the comments.
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Sharing is caring… but on the internet, sharing can also be tricky! When we post something, we have to look at the forest and not just the trees. Doxxers usually start with one or two pieces of relatively innocent or public information, but by connecting the dots between those pieces they can build a frighteningly detailed picture of an individual.
Seemingly innocuous details can be pieced together into a much more personal profile when collected and leveraged to learn more. As one example, your wish list/wedding registry makes it easy for friends and family to get you gifts that you actually want, but could also be used to find out products/services you’re interested in as pretext (setting the scene) of a conversation or phishing email trying to gather more. You may have Google Alerts set up for your name (a great idea!), but this may not flag text in scanned documents such as school yearbooks, newspapers and other digitized paper records available online.
If the above sounds scary – don’t panic! Your first step in this auto-dox is going to be brainstorming as much personally identifying information (PII) shared online as possible. I suggest doing this either in a secure note or longhand. The goal is to write down all of the accounts/addresses/phone numbers that come to mind, as these are some of the top things that attackers will try to gather in their search. Start your list here:
Email addresses are an especially juicy target for someone trying to locate you, because most people only use one personal and maaaybe a second school or work email account. Those accounts are tied to all our other online identities and often double as our username for logging in.
When you finish this process, you will likely have dozens or even hundreds of “breadcrumbs” between your account list and search results. Read through your list again, and we’re going to sort it into three categories:
Great job! You’ve already got a much better idea of what people can learn about you than most folks ever do, and are well on your way to cleaning up your online footprint. In our next step, we’ll start locking down everything that you want to keep!
P.S. If you’re enjoying this process and value keeping people safe online, please check out our open roles at Cisco Secure.
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It is never too late to start a career in cybersecurity — this may sound cliché, but it holds a lot of truth. If you are passionate about the topic and are ready to put in the work to acquire the skills and knowledge needed, anyone, regardless of educational background, can break into cybersecurity.
At the age of 26, I started a four-year bachelor’s degree in digital forensics. I got introduced to the field by chance after working in data analytics for a few years and taking a college class on criminology. The program that I signed up for was mostly remote, with 80% independent preparation and bi-monthly on-site weekends at the university. I quickly realized that this model of education works great for me — I could read the materials provided by the program at my own pace and use as much external materials to supplement my understanding as needed. While the program was designed for working professionals and classes were spread out over four years, instead of the usual three years for a bachelor’s degree in Germany, it required a lot of discipline to complete the coursework while having a full-time job. Along the way, I learned several things about combining the responsibilities of adult life and achieving the study goals I had set for myself.
Below, I will outline a few recommendations to follow if you would like to break into the security field as an adult learner.
Use visual support to communicate your goals and timeline to others. This makes it easy for them to understand where you stand and why you might pass on the dinner invitation for next weekend.
Small reminders like the one above can help you stay motivated and focused.
One of the first events that I attended as a student was an information day by the German research institute Fraunhofer Institute for Secure Information Technology (SIT). Public institutions like this one tend to offer more affordable events and discount rates for students.
Appreciate the small steps forward and be gentle to your mental health.
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Shiva Persaud is the director of security engineering for Cisco. His team is responsible for the Cisco Secure Development Lifecycle (CSDL), a set of practices based on a “secure-by-design” philosophy developed to ensure that security and compliance are top-of-mind in every step of a solution’s lifecycle. This blog is the third in a series focused on M&A cybersecurity, following Jason Button’s post on Demonstrating Trust and Transparency in Mergers and Acquisitions.
One of the most important considerations when Cisco acquires a company, is ensuring that the security posture of the acquisition’s solutions and infrastructure meets the enterprise’s security standards. That can be a tricky proposition and certainly doesn’t happen overnight. In fact, at Cisco, it only comes about thanks to the efforts of a multitude of people working hard behind the scenes.
“The consistent message is that no matter where a product is in its security journey, from inception to end-of-life activities, there’s still a lot of work that can happen to lead to a better security outcome,” says Persaud.
While Persaud and his team work within Cisco on all the company’s products and solutions, they also play a critical role in maintaining security standards in Cisco’s mergers and acquisitions (M&A) work.
Simply put, Persaud’s team is tasked with identifying the security risks posed by an acquisition’s technology and helping teams mitigate those risks.
“It starts with a risk assessment where we ask ourselves what an attacker would do to compromise this specific technology,” says Persaud. “What are the industry best practices for securing this type of technology? What do our customers expect this technology to provide from a security perspective? And once we have those risks enumerated, we prioritize them to decide which is the most important to take care of first.”
To anticipate where a hacker might find vulnerabilities and the actions they might take, the CSDL team must put themselves in that attack mindset. Fortunately for Persaud, his interest in computer security started as early as middle school. “It just kind of grew from there,” he says. “For many folks I’ve worked with and hired over the years, it’s a similar situation.”
That lifelong interest and experience work to the team’s advantage. They take a risk-based approach to security, in which they identify all the issues that need to be fixed and then rate them based on the likelihood of occurrence and seriousness of the results of an attack. Those ratings inform their decisions on which issues to fix first.
“We come up with ways to go mitigate those risks and co-author a plan called the Security Readiness Plan, or SRP,” Persaud says. “Then we partner with teams to take that plan and execute it over time.”
In alignment with CSDL’s continuous approach to security throughout a solution’s lifecycle, Persaud says that “security is a journey, so the workflow to finish the secure development lifecycle never ends.”
While initial onboarding of an acquired company—including completion of the initial risk assessment and the SRP—typically ends within several months of the acquisition. Persaud adds, “The work continues as the technology is integrated into a larger tech stack or as it’s modified and sold as a standalone offering to our customers.” As the solution or technology evolves and begins to include new features and functionalities, the CSDL work continues to make sure those features are secure as well.
That work can have its obstacles. Persaud says that one of the primary challenges his team deals with is cutting through the flurry of activity and bids for the acquisition’s attention that come pouring in from all sides. It’s a crazy time for both Cisco and the acquisition, with many important tasks at the top of everyone’s to-do lists. “Not just in the security realm,” says Persaud,” but in many other areas, too. So being able to get the acquisition to focus on security in a meaningful way in the context of everything else that’s happening is a major challenge.”
Another challenge is dealing with acquisitions that might not have much security expertise on their original team. That means they’re not able to give Persaud’s team much help in determining where security risks lie and how serious they are—so Cisco’s engineers have a lot more investigative work to do.
When asked what advice he would give to organizations that want to maintain a good security posture when acquiring another company, Persaud names three key factors.
To succeed in M&A security, it’s critical that the organization’s board of directors, CEO, and all subsequent levels of management support and be committed to meeting a high level of security standards and outcomes. The remaining management of the acquisition also needs to be on board with the security commitment, and both organizations should make sure that all employees recognize that commitment and support. If management support is not there, the work ultimately won’t get done. It can be difficult and time-consuming and without companywide recognition of its key importance, it won’t get prioritized, and it will get lost in the myriad of other things that all the teams have to do.
The issue of security can get really complicated, very quickly. Persaud says it’s smart to find industry standards and best practices that already exist and are available to everyone, “so you’re not reinventing the wheel—or more concerning, reinventing the wheel poorly.”
Where to look for those industry standards will vary, depending on the technology stack that needs to be secured. “If you are interested in securing a web application,” says Persaud, “then starting with the OWASP Top Ten list is a good place to start. If you are selling a cloud offer or cloud service, then look at the Cloud Security Alliance’s Cloud Controls Matrix (CCM) or the Cisco Cloud Controls Framework.”
One way to think of it, Persaud says, is that there are a variety of security frameworks certain customers will need a company to adhere to before they can use their solutions. Think frameworks like FedRAMP, SOC-2, Common Criteria, or FIPS.
“You can align your product security work to those frameworks as a baseline and then build on top of them to make technology more resilient.” It’s a great place to start.
It’s essential that an organization be very clear on what it wants to accomplish when it comes to ensuring security of an acquisition’s solutions and infrastructure. This will help it avoid “trying to boil the whole ocean,” says Persaud.
Persaud and his team talk about working up to security fitness the way a runner would start with a 5K and work up to an Ironman competition. “You take progressive steps towards improving,” he says. “You’re very explicit about what milestones of improvement you’ll encounter on your journey of good security.”
Persaud says Cisco is uniquely positioned to help organizations maintain security standards when acquiring other companies. He points to three critical differentiators.
“The level of visibility and support that we have for security at Cisco, starts with our board of directors and our CEO, and then throughout the organization,” says Persaud. “This is a very special and unique situation that allows us to do a lot of impactful work from a security perspective,”
Cisco has long been adamant about security that’s built in from the ground up and not bolted on as an afterthought. It’s the reason the CSDL exists, as well as the Cisco Security & Trust Organization and the many, many teams that work every day to infuse security and privacy awareness into every product, service, and solution—including the technology and infrastructure of newly acquired companies.
Once Persaud’s team has identified and assessed the security risks of an acquisition, his and other teams go about helping the acquisition address and mitigate those risks. Cisco provides a set of common building blocks or tools that teams can use to improve the security posture of an acquisition.
“We have secure libraries that teams can integrate into their code base to help them do certain things securely, so that the individual teams don’t have to implement that security functionality from scratch,” says Persaud. “And Cisco produces certain pieces of hardware that can be leveraged across our product lines, such as secure boot and secure storage.”
“Cisco’s operations stack also has various services acquisitions can use,” says Persaud. “An example of this comes from our Security Vulnerability and Incident Command team (SVIC). They provide logging capabilities that cloud offers at Cisco can leverage to do centralized logging, and then monitor those logs. SVIC also offers a security vulnerability scanning service so individual teams don’t have to do it independently.”
Another critical building block is Persaud’s team and their expertise. They act as a valuable resource that teams can consult when they want to build a new feature securely or improve the security of an existing feature.
Persaud concludes, “Cisco has an extremely strong and active security community where teams can ask questions, gain insights, give guidance, troubleshoot issues, share ideas and technology, and discuss emerging security topics. The community is committed to helping others instead of competing against each other. Members have the mindset of enriching the overall approach to security at Cisco and learning from any source they can to make things continually better.
Managing Cybersecurity Risk in M&A
Demonstrating Trust and Transparency in Mergers and Acquisitions
We’d love to hear what you think. Ask a Question, Comment Below, and Stay Connected with Cisco Secure on social!
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Whether or not you’ve heard the term “doxxing” before, you’re probably familiar with the problem it names: collecting personal information about someone online to track down and reveal their real-life identity. The motivations for doxxing are many, and mostly malicious: for some doxxers, the goal in tracking someone is identity theft. For others, it’s part of a pattern of stalking or online harassment to intimidate, silence or punish their victim – and overwhelmingly, victims are youth and young adults, women, and LGBTQ+ people. The truth is, most of us have information online that we don’t realize can put us at risk, and that’s why I’ve written this series: to inform readers about how doxxing happens, and how you can protect yourself from this very real and growing problem by doxxing yourself.
In computer security, we talk about the idea of a “security mindset”: understanding how someone with bad intentions would cause harm, and being able to think like they would to find weak spots. In this series, you will learn by doing. By understanding the tools and methods used by those with ill intent, you’ll be better prepared to keep yourself safe and your information secure.
Your mission, should you choose to accept it, is to follow along and find out everything the internet knows about… you!
This series will provide simple steps for you to follow as you begin your investigation. Along the way, as you get familiar with the tools and tactics of internet sleuths, you’ll get a better idea of your current internet footprint as well as know what tracks you leave in the future. Our process will be split into three main sections:
Information is power. And in the case of doxxing, most people don’t realize how much of their power they’re giving up! My goal in this series is to demystify the methods used for doxxing, so in the spirit of “showing my work,” here are some of the best resources and collected checklists I referenced when planning these exercises, along with how to best use each:
If this looks like a whole lot of homework… don’t worry! We’ll cover most of the core tools and tips mentioned in these resources through the course of this series, and we’ll revisit these links at the end of the series when you’ve gotten more context on what they cover. In the next article, we’ll take on the review step of our process, getting a holistic inventory of what personal information is currently available online so you can prioritize the most important fixes. See you soon!
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Ransomware is one of the most dangerous threats organizations face today, so it’s no wonder that Cisco Talos Incident Response named it the top threat of the year in 2021. These attacks continue to grow and become more advanced, with ransomware attacks growing by 13% over 2021 and a whopping 79% over 2020 so far this year (see Figure 1 below).1 Stopping ransomware attacks isn’t easy either, as adversaries continue to change their techniques and attacks become increasingly sophisticated.
Fortunately, Cisco Secure Endpoint defends your organization from ransomware by delivering security outcomes that enable you to radically simplify your security, maximize your security operations, and achieve peace of mind. Let’s dive deeper into each of these areas to better understand how Secure Endpoint can help your organization defend against ransomware attacks.
Cybersecurity has become increasingly complex due to the numerous security solutions deployed by organizations today. These disparate point-products increase complexity while creating security gaps because they require additional management overhead and typically don’t communicate with each other. This increases the burden on security operations teams since they must spend time managing these different solutions and filling in the gaps between tools rather than using their time to investigate and respond to threats
Cisco takes a very different approach to cybersecurity by looking at ransomware endpoint protection holistically, as part of an integrated security solution. For instance, Secure Endpoint includes built-in extended detection and response (XDR) capabilities from the Cisco SecureX platform that centralizes visibility in a single console, creates high-fidelity detections by correlating threats, and coordinates threat response across your entire security environment. In addition, Secure Endpoint unifies your security stack, simplifies management, and reduces agent fatigue because we’ve consolidated endpoint protection, cloud security, and remote access agents into a single agent.
Learn more about how Secure Endpoint helps you simplify your security while defending your organization from ransomware attacks by watching this video:
One of the common themes we’ve heard from our customers is that their security operations teams are frequently overstretched. The ongoing cybersecurity skills shortage means that security teams have to do more with less and a vast number of security tools to manage along with inefficient security operations processes, often leading to burned-out security teams.
Cisco addresses these challenges by allowing you to get the most out of your security operations. For example, you can accelerate investigation and incident response with valuable vulnerability context since we’ve integrated risk-based vulnerability management from Kenna Security into Secure Endpoint. Moreover, Secure Endpoint includes advanced endpoint detection and response (EDR) capabilities via Orbital Advanced Search and built-in XDR from SecureX that enable you to rapidly detect, respond to, and contain ransomware attacks. Lastly, you can get the security expertise you need with proactive threat hunting from SecureX Threat Hunting, which uses an analyst-centric process to quickly spot hidden ransomware.
Check out how Secure Endpoint helps you maximize your security operations while defending your organization from ransomware attacks by watching this video:
Keeping up with the latest ransomware attacks can seem like an impossible challenge due to Ransomware-as-a-service (RaaS) kits which make it simple and lucrative to target organizations with ransomware and the evolving threat landscape, where attackers are continuously changing their methods to evade detection.
Cisco helps you stay ahead of the newest ransomware attacks and gives you the peace of mind you deserve by taking a comprehensive approach to ransomware endpoint protection. This means ensuring that you never have to go it alone with always-on security operations from Cisco Secure Endpoint Pro, a managed service that uses a team of Cisco security experts to perform the heavy lifting of securing your endpoints. It also includes offering advanced EDR and integrated XDR capabilities such as Orbital and SecureX to speed detection and response, simplify investigations, and quickly contain ransomware attacks before it’s too late. Finally, Secure Endpoint prevents initial ransomware infections with multifaceted prevention techniques such as machine learning, exploit prevention, and behavioral protection as well as actionable threat intelligence from the Cisco Talos research team.
Learn more about how Secure Endpoint helps you achieve peace of mind while defending your organization from ransomware attacks by watching this video:
All these capabilities in Cisco Secure Endpoint enable you to defend against ransomware attacks from compromising your endpoints while ensuring you stay resilient against threats. For more information on how Secure Endpoint can defend your organization from ransomware attacks, please watch the Cisco Secure Endpoint Ransomware Series.
1 BlackFog The State of Ransomware in 2022: https://www.blackfog.com/the-state-of-ransomware-in-2022
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With a rising number of cyberattacks targeting organizations, protecting sensitive customer information has never been more critical. The stakes are high due to the financial losses, reputational damage, legal & compliance fines, and more that often stem from mishandled data. At Cisco Secure, we recognize this and are continuously looking for ways to improve our information security practices.
As a result, we are excited to announce that we have achieved SOC 2 compliance for the Cisco Secure Endpoint solution, Cisco Malware Analytics, and the Cisco SecureX platform! SOC 2 is a compliance framework developed by the American Institute of Certified Public Accountants (AICPA) that helps ensure organizations responsibly handle customer data. This is done via strong information security practices that adhere to trust service criteria for security, availability, and confidentiality.
Achieving SOC 2 compliance means that we have adhered to these trust principles and gone through a rigorous audit by an independent, third-party firm to validate our information security practices. This shows that we are committed to safeguarding your sensitive data with robust controls in place and gives you the peace of mind that your data is in good hands. We have achieved SOC 2 Type 2 compliance for the following Cisco Secure products:
To learn more about SOC 2 compliance for these solutions, please speak to your Cisco representative, or visit the Cisco Trust Portal, where you can access the SOC 2 reports.
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